NOT LISTED FOR SALE

Estimated Value: $1,395,000 - $1,918,374

3 Beds
3 Baths
7,480 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $1,180,671 $158 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,598/month

96 Days on Market

Highlights

  • Cul-De-Sac
  • Washer and Dryer
  • Level Lot
  • Garage

About This Home

As of April 2018

4 plex on one tax lot, 100% leased, two story units. All units professionally managed. Units include AC, durable finishes (granite, tile), all appliances, fenced back yards. Turn Key with projected 5.50% Cap Rate for 2016-2017 lease renewals.

Last Agent to Sell the Property

Patrick Ginn

Ginn Group License #24353 Listed on: 12/30/2017

Last Buyer's Agent

Patrick Ginn

Ginn Group License #24353 Listed on: 12/30/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,341

Year Built

  • Built in 2015

Lot Details

  • Cul-De-Sac
  • Level Lot

Parking

  • Garage

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Washer and Dryer

Utilities

  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by Ginn Property Management

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,341

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 7480
  • Stories: 2
  • Year Built: 2015
  • Property Condition: New Construction
  • Remarks Public: 4 plex on one tax lot, 100% leased, two story units. All units professionally managed. Units include AC, durable finishes (granite, tile), all appliances, fenced back yards. Turn Key with projected 5.50% Cap Rate for 2016-2017 lease renewals.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WILLOW CREEK PUD LOTS 1,2,3,4 311738
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 7,000 to 9,999 SqFt

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Security: Sidewalk

Condo/Co-op/Association

  • Management Name: Ginn Property Management
  • Unit Features: Refrigerator, Washer/Dryer, Window Coverings, Air Conditioning

Schools

  • Elementary School: P S Ogden
  • Middle School: McLoughlin
  • High School: Fort Vancouver

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Zoning: R-18

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 13272.00
  • Assessor Parcel Number: 986034224

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.83

MLS Schools

  • Elementary School: P S Ogden
  • High School: Fort Vancouver
  • Middle School: McLoughlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jun 23, 2017
Sold by
Willow Creek Investments Llc
Bought by
Narayanan Llc and Chakrapani Llc
Seller's Agent
Patrick Ginn
Ginn Group
Buyer's Agent
Patrick Ginn
Ginn Group
List Price
$10,000,000
Sold Price
$8,797,953
Premium/Discount to List
-$1,202,047
-12.02%
Current Estimated Value
$1,687,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,110,884
Avg. Annual Appreciation
-18.15%

Purchase Details

Closed on
Feb 14, 2017
Sold by
Ginn Patrick
Bought by
Willow Creek Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 4, 2017
Sold by
Willow Creek Investments Llc
Bought by
Ginn Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.19%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Narayanan Llc $8,600,000 Fidelity Title Dt Vancouver
Willow Creek Investments Llc -- Accommodation
Ginn Patrick -- Fidelity Title Vancouver
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sekar Llc $4,000,000
Previous Owner Evergreen Mix Investments Llc $400,000
Previous Owner Ginn Patrick $770,000
Previous Owner Willow Creek Investments Llc $6,500,000
Previous Owner Willow Creek Investments Llc $1,920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2018 04/05/18 Sold $1,180,671 0.0% $158 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
12/30/2017 12/30/17 For Sale $1,180,671 -86.6% $158 / Sq Ft
06/27/2017 06/27/17 Sold $8,797,953 -12.0% $169 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
06/20/2016 06/20/16 For Sale $10,000,000 +2400.0% $192 / Sq Ft
09/26/2012 09/26/12 Sold $400,000 -46.6% $53 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $749,000 -- $100 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,341 $1,719,730 $631,800 $1,087,930
2024 $14,239 $1,675,470 $631,800 $1,043,670
2023 $15,291 $1,525,004 $631,800 $893,204
2022 $13,807 $1,643,524 $631,800 $1,011,724
2021 $13,471 $1,382,298 $540,000 $842,298
2020 $13,308 $1,270,578 $334,400 $936,178
2019 $12,583 $1,300,448 $303,600 $996,848
2018 $13,271 $1,273,706 $0 $0
2017 $2,976 $1,115,310 $0 $0
2016 $1,683 $260,796 $0 $0
2015 -- $140,762 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18627104

Regional Multiple Listing Service (RMLS)

APN: 986034-224